What Are the Perspectives of the NEAR Project?

Crypto analysts and traders believe that the NEAR token will soon manage to repeat the conditions of December 2021 and double its value. According to the experts, the altcoin is currently accumulating volumes and are preparing for a sharp price rise. 

On February 15th, the NEAR token was trading at $11. Over the last month, the altcoin has risen in price by 127%, and its capitalization has increased to $11.7 billion. On January 16th, the cryptocurrency rose its all-time high to above $20.4

Last week, the non-profit organization NEAR Foundation announced the shutdown of a funding round and raised $150 million in investments. The round was led by Three Arrows Capital company. Mechanism Capital, Dragonfly Capital, Andreessen Horowitz, Jump, Alameda, ZeePrime, Amber Group, and other big companies also invested in the project, which means a high level of trust in the NEAR Protocol.

The NEAR Foundation is developing the NEAR Protocol blockchain, designed to create decentralized applications (dApps). Recently, NEAR has announced numerous integrations and partnerships, like the Allbridge and Beefy Finance platforms. One of the most recent integrations to the NEAR blockchain is the connection to Rubic’s Multi-Chain Protocol, which opens up tremendous opportunities to $NEAR holders. 

The integration of the NEAR protocol is the Final stage of Rubic’s complete integration of the NEAR ecosystem. Besides integrating the NEAR protocol to Rubic’s Multi-Chain Routing feature, Rubic has also completed the integration of the main DEX on the NEAR Protocol: Ref Finance. As a result of these integrations, Rubic’s Multi-Chain Protocol will allow users of 10 other integrated blockchains to reach the NEAR Protocol in a matter of minutes easily, without wasting their valuable time – on app.rubic.exchange

Rubic enables swapping $NEAR to more than 15,000 tokens built on BSC, Ethereum, Polygon, Avalanche, Moonriver, Fantom, Harmony, Solana, Aurora, and Arbitrum. It’s a fantastic opportunity for the NEAR project, indeed.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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